The US banned oil exports for several decades. The ban was repealed in 2015. That probably helped increase US oil production (it has already risen a lot in 5 years but has risen more since 2015) but it also meant that other countries can bid for US oil. When there is a major supply shock like Russia invading Ukraine, then US oil prices will track international loss of supply instead of being somewhat independent.
The US banned oil exports for several decades. The ban was repealed in 2015. That probably helped increase US oil production (it has already risen a lot in 5 years but has risen more since 2015) but it also meant that other countries can bid for US oil. When there is a major supply shock like Russia invading Ukraine, then US oil prices will track international loss of supply instead of being somewhat independent.
Canceling Keystone pipeline and stopping fracking had no affect on the oil market? Please explain.